ACTIVE

REFINA

Financial year 2025 · Closed on 31/12/2025

Net result342,1 k €-18,1 %over 1 year
Gross margin1,6 M €-15,4 %over 1 year
Equity6,5 M €+2,2 %over 1 year

Identity

Source · BCE/KBO

REFINA is a Public limited company incorporated in 1999. Its registered office is in Grobbendonk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.360.252
Incorporation
19/11/1999
Legal form
Public limited company
Registered office
Kretbosstraat 48
2280 Grobbendonk · FlandreSee on map
Contributed capital
2 844 123,09 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,9 M €1,1 M €736,9 k €921,9 k €
EBITDA1,6 M €1,8 M €1,1 M €727,9 k €886 k €
Operating result1,6 M €1,8 M €1,1 M €727,4 k €886 k €
Net result342,1 k €417,5 k €52 k €202,8 k €275,1 k €
Balance sheet
Equity6,5 M €6,4 M €6,1 M €6 M €5,9 M €
Total assets36,4 M €36,2 M €28,6 M €26 M €23,3 M €
Cash92,7 k €187,8 k €976,5 k €641,9 k €3,6 M €
Debts29,8 M €29,8 M €22,5 M €19,9 M €17,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAGELINA0421.299.902Represented by Georgius VAN DER BORGHT
MandateDirector21/02/2008 → 2021 accountsended
PRO VISIE0475.952.472Represented by Dietmar VAN DYCK
MandateDirector19/06/2020 → 2021 accountsended
Eddy ADAMS
MandateDirector17/12/2012 → 2020 accountsended
Steffen EMBRECHTS-NUYTS
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LUX-SERVICE0449.214.819Represented by Luc EMBRECHTS
Director29/11/2021 → 2021 accounts
VERBEMA0440.446.613Represented by Leo Leus
Director20/03/2018 → 2020 accounts
EVRO CONSULT BVBA0475.607.529Represented by Leo Leus
Director16/06/2017 → 20/03/2018

Other companies at this address

Kretbosstraat 48 2280 Grobbendonk
CompanyCBE no.
PRO VISIE● Active
0475.952.472
1040.374.488
1037.767.168
1037.522.490

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/06/202616/06/202521/06/202412/06/202315/06/202218/06/2021
General meeting11/06/202612/06/202513/06/202408/06/202309/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202613/06/2026DutchPDF
Abridged model31/12/202412/06/202516/06/2025DutchPDF
Abridged model31/12/202313/06/202421/06/2024DutchPDF
Abridged model31/12/202208/06/202312/06/2023DutchPDF
Abridged model31/12/202109/06/202215/06/2022DutchPDF
Abridged model31/12/202018/06/202118/06/2021DutchPDF
Abridged model31/12/201919/06/202007/07/2020DutchPDF
Abridged model31/12/201821/06/201929/06/2019DutchPDF
Abridged model31/12/201715/06/201829/06/2018DutchPDF
Abridged model31/12/201616/06/201719/06/2017DutchPDF
Abridged model31/12/201517/06/201620/06/2016DutchPDF
Abridged model31/12/201419/06/201529/06/2015DutchPDF
Abridged model31/12/201320/06/201427/06/2014DutchPDF
Abridged model31/12/201221/06/201324/06/2013DutchPDF
Abridged model31/12/201115/06/201203/07/2012DutchPDF
Abridged model31/12/201017/06/201127/06/2011DutchPDF
Abridged model31/12/200918/06/201014/07/2010DutchPDF
Abridged model31/12/200819/06/200914/07/2009DutchPDF
Abridged model31/12/200720/06/200810/07/2008DutchPDF
Abridged model31/12/200615/06/200705/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAGELINA0421.299.902Represented by Georgius VAN DER BORGHT
MandateDirector21/02/2008 → 2021 accountsended
PRO VISIE0475.952.472Represented by Dietmar VAN DYCK
MandateDirector19/06/2020 → 2021 accountsended
Eddy ADAMS
MandateDirector17/12/2012 → 2020 accountsended
Steffen EMBRECHTS-NUYTS
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LUX-SERVICE0449.214.819Represented by Luc EMBRECHTS
Director29/11/2021 → 2021 accounts
VERBEMA0440.446.613Represented by Leo Leus
Director20/03/2018 → 2020 accounts
EVRO CONSULT BVBA0475.607.529Represented by Leo Leus
Director16/06/2017 → 20/03/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/03/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates18/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
MAGELINA
PRO VISIE
Steffen EMBRECHTS-NUYTS
Eddy ADAMS
LUX-SERVICE
VERBEMA
EVRO CONSULT BVBA
Peter HEEREN
IMMO-LUX
Geert VAN LOOCK
Leo LEUS
P & M
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
REFINA
Kretbosstraat 48, 2280 GrobbendonkAchterstenhoek 48, 2275 Lille
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kretbosstraat 48, 2280 GrobbendonkCurrent
accounts 2025
Accounts 2025 · 2026-00173742
Achterstenhoek 48, 2275 Lille
accounts 2021 → 2024
Accounts 2024 · 2025-00151532

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
REFINACurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00173742

Events

  1. 2025
    Annual accounts 2025342,1 k €↓
  2. 2024
    Annual accounts 2024417,5 k €↑
  3. 2023
    Annual accounts 202352 k €↓
  4. 2022
    Annual accounts 2022202,8 k €↓
  5. 2021
    Annual accounts 2021275,1 k €↓
  6. 2020
    Annual accounts 2020310,6 k €↑
  7. 2019
    Annual accounts 2019308,2 k €↓
  8. 2018
    Annual accounts 2018538,5 k €↑
  9. 2017
    Annual accounts 2017532,1 k €↑
  10. 2016
    Annual accounts 2016497,9 k €↑
  11. 2015
    Annual accounts 2015387,1 k €↓
  12. 2014
    Annual accounts 2014488,6 k €↓
  13. 2013
    Annual accounts 2013524 k €↑
  14. 2012
    Annual accounts 2012262,5 k €↓
  15. 2011
    Annual accounts 2011337,3 k €↓
  16. 2010
    Annual accounts 2010615,2 k €↑
  17. 2009
    Annual accounts 2009465,1 k €↓
  18. 2008
    Annual accounts 2008530,7 k €↓
  19. 2007
    Annual accounts 2007725,6 k €↑
  20. 2006
    Annual accounts 2006544,2 k €
  21. 19/11/1999
    IncorporationPublic limited company